Increased productivity even with a day less at work
Whilst trialling the four-day week, Charlton Morris kept a close eye on their productivity and key metrics. They found that their productivity had actually increased even with a day less at work.
After completing the trial, they achieved:
- 26% faster fill-rate year-on-year
- 7.6% increase in conversions from CV sent to interview
- 11.1% more interviews booked per recruiter* during the four-month trial (due partly to the above efficiency improvement, but also to a slight improvement in CV sending activity per recruiter)
- 1000% increase in internal candidate application when they announced the four-day week
“Bullhorn Analytics has transformed us as a business; it’s unrecognisable from a reporting and data perspective,” said Kris.
*It’s worth noting that an 11.1% improvement in interviews booked per recruiter is actually a 38.8% improvement in output per day, seeing as they reduced their hours by 20%.
Meeting their corporate vision
With Bullhorn Analytics, Charlton Morris can measure not just who their long-term and most profitable clients are, but what it takes to make them a long-term client. They use this knowledge to consult on processes that will give both clients and candidates the best possible outcome; a faster placement.
They’ve also used data points from Bullhorn Analytics to win new clients as they can now easily quantify the results they achieve for existing ones.
Unlike many data-driven agencies, they’ve scrapped revenue targets for their consultants and use them as milestones and a way for consultants to measure themselves by. Consultants are now empowered to find the most efficient way of working and can prioritise where to invest their (even more) precious time.
“Bullhorn Analytics is the central point of truth that allows us to analyse the most effective tool we’re using. Whether hitting the phones, putting together email marketing campaigns or taking a content-led approach to candidate or client acquisition, Bullhorn Analytics allows individuals to work in a way that is most effective for them”, said Kris.
This all ties into their overall vision: to provide the best possible experience for their people and customers.